Jasper County Democrat, Volume 8, Number 48, Rensselaer, Jasper County, 3 March 1906 — FIRE INSURANCE WAR. [ARTICLE]

FIRE INSURANCE WAR.

As a resalt of a rate war between some of the insurance companies doing business here, the general agents of all the companies have authorized their agents to meet any rate made by the agent of any other company, and as a result residence policies are being written for five years in the' beet companies for 40 cents per SIOO, and in some cases probably at half that price. Just think of securing a thousand dollars insurance for five years for $4 or less! There is also a great cut on business property and stocks of goods, and the insured can get a policy for most any price he is a mind to give. Unfortunately for the business men they can insure for only one year at a time, and before they get a second chance at the cheap rates the “war” will no doubt be over and the old rates in force again. The cut rates only apply to property in Rensselaer, we understand, and the prevailing rate now —which is no doubt cut in two where necessary —is about onethird the regular rate heretofore. If you are not now carrying insurance or your insurance is about to expire, you had better get in on the ground floor apd take advantage of the cut rates.